Msci World Backtest
For long-term equity investors, currency fluctuations are a secondary source of return, not pure risk.
The MSCI World backtest is one of the most valuable tools an investor can use. It teaches humility (the lost decade of 2000–2012), patience (recovery from 2008), and discipline (staying invested through COVID). Over 38 years, a simple, passive investment in developed global equities turned $10,000 into $187,000, despite three major crashes. msci world backtest
Currently, the MSCI World is roughly 72% US-weighted , meaning it is still heavily influenced by American market movements. For long-term equity investors, currency fluctuations are a
